Fraser Coast Regional Council

Business trends

The number of GST registered businesses in the Fraser Coast Regional Council increased by 26 in the Jun-24 Quarter. There were 197 new GST registrations and 171 GST cancellations.

The Australian Government recently updated ABR data coding to align with the new Australian Statistical Geography. These changes were not communicated to ABR data users and caused anomalies in our published trend data due to previous processing methods. As a result, data for the last two quarters (Dec-23 and Mar-24) has been revised. More details are available here.

The Australian Business Register (ABR) is a register of all business entities and sole traders in Australia, based on Australian Business Numbers (ABNs), maintained by the Australian Taxation Office.

While ABR business data does not pick up all operations in a region (some companies are not registered at the location where they undertake commercial operations), the time-series data can be quite insightful. It can give you an indication of the short-term impacts of macro-events, and can also offer a sign as to how favourable local conditions are to establishing new businesses during normal times.

Changes in business counts by industry can show structural shifts within the economy and identify growth and declining industries. For example, growth industries will have high entry and exit rates due to the high failure rates of first movers and smaller high growth enterprises. Declining sectors will have low entry and high exit rates.

The raw business register dataset contains large numbers of ABNs which are not relevant to local government planning, including trusts, superannuation funds, non-active businesses and micro businesses not registered for GST. These have been filtered out of the data presented here, to provide a more meaningful dataset for Local Government Decision making.

Data are presented as aggregates of ABNs at the Local Government level for each of the time period. The graph of the number of GST registered businesses, the number of new GST registered businesses, and the number of cancelled GST registerations can be selected at the 1-digit ANZSIC classification level. For more information, including actual business locations and name and address details, LGAs are entitled to access the raw ABR unit record dataset directly from the ATO.

Data source

Australian Business Register - filtered counts - Current at November 2024

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Looking for the official business count? Businesses by Industry.
Business trends by industry sector
Fraser Coast Regional Council - All industries
QuarterNew GST RegistrationCancelled GST RegistrationNet change
Jun-2024 197171+26
Mar-2024 237161+76
Dec-2023 147171-24
Sep-2023 314257+57
Jun-2023 227160+67
Mar-2023 234161+73
Dec-2022 213182+31
Sep-2022 310338-28
Jun-2022 250169+81
Mar-2022 221113+108
Dec-2021 228159+69
Sep-2021 334255+79
Jun-2021 214113+101
Mar-2021 215133+82
Dec-2020 184139+45
Sep-2020 274195+79
Jun-2020 14584+61
Mar-2020 177111+66
Dec-2019 151116+35
Sep-2019 222158+64
Jun-2019 146118+28
Mar-2019 17299+73
Dec-2018 13691+45
Sep-2018 236133+103
Jun-2018 143167-24
Mar-2018 13589+46
Dec-2017 139121+18
Sep-2017 233175+58
Jun-2017 128197-69
Mar-2017 138107+31
Dec-2016 138129+9
Sep-2016 229237-8
Jun-2016 108200-92
Mar-2016 12674+52
Dec-2015 103167-64
Sep-2015 214222-8
Jun-2015 118194-76
Mar-2015 114161-47

Source: Australian Business Register. ©2024 Compiled and presented in economy.id by .id (informed decisions).

Please refer to specific data notes for more information

Fraser Coast Regional Council

economic profile